The SHIB token entered the cryptocurrency world in 2020 but gained traction in 2021. Despite past and present eye-watering figures of Shiba Inu, the outlook is not so bullish on the future of Shiba Inu. However, this possibility of SHIB rising to $0.1 or $1 is quite unlikely as a new and best alternative has...Read More
Crypto market analysts have been scouring the charts looking for signals of an altcoin breakout. However, they have yet to make a big move and usually follow in the wake of a Bitcoin surge. On Sept. 24, Glassnode co-founder ‘Negentropic’ observed the Bitcoin/altcoin cycle noting that alts have followed the bullish momentum of BTC. “It...Read More
[PRESS RELEASE – Hamilton, Bermuda, September 24th, 2024] HashKey Global, a licensed virtual asset exchange, has announced the launch of a zero-fee campaign for futures trading, set to go live on September 27, 2024. Aiming to become the world’s largest licensed futures trading platform, HashKey Global is the first in the industry to introduce zero...Read More
Crypto investment products have continued to receive heightened investor interest as the funds recorded their second consecutive week of inflows. According to a report by the crypto investment firm CoinShares, global digital asset funds posted a total of $321 million in inflows last week. This figure, however, is slightly lower than the $436 million recorded...Read More
Ki Young Ju, the CEO of blockchain analytics firm CryptoQuant, has expressed his support for former Binance CEO Changpeng Zhao (CZ) as his four-month prison sentence nears its conclusion. Zhao began serving his sentence in June 2024 after admitting to breaches of the US Bank Secrecy Act (BSA). Ki Young Ju’s Statement His guilty plea...Read More
The Artificial Superintelligence Alliance (FET) appears to be highly bullish and is poised for a significant upside rally, likely due to its breakout confirmation and support from the vice president. FET Technical Analysis and Upcoming Level According to expert technical analysis, FET appears bullish after successfully retesting its breakout level of $1.53, which occurred on...Read More
A cryptocurrency trader has made headlines by securing a profit of $131.72 million through a strategic investment in Ether (ETH). This notable trade was made during the 2022 bear market, after which the individual held onto the assets through volatile market conditions. The Investors Strategy Blockchain analytics firm Lookonchain has identified an Ether address that...Read More
Hamster Kombat’s first season has officially wrapped up. Since its launch in March 2024, it has drawn in over 300 million users. A massive 131 million players qualified for the September 26 airdrop, with 60% of the allocation distributed immediately. 60 Billion Tokens up for Distribution The Hamster Kombat team made the announcement in a...Read More
[PRESS RELEASE – London, United Kingdom, September 23rd, 2024] New MMaaS platform empowers token projects and protocols with real-time visibility, flexible liquidity management, and enhanced exchange relationships. Digital asset trading firm Low Observable Technology (LO:TECH) announced the launch of an innovative new Market Making Service (MMaaS) platform today. Backed by leading venture capital firm Lightspeed...Read More
[PRESS RELEASE – Dubai, United Arab Emirates, September 23rd, 2024] A migration toward Bitunix has become a growing trend as prominent industry traders (the so-called KOLs) and their followers are increasingly demanding platforms that offer simplified, secure, and flexible trading experiences with higher profit potential. Bitunix, a trailblazer in the rapidly evolving crypto derivatives market,...Read More
Paul Grewal has addressed recent concerns regarding the terms of service for Coinbase’s newly launched cbBTC, a wrapped Bitcoin product. The concerns arose after claims suggested that the exchange would not fully reimburse users for Bitcoin lost due to malicious activity or unforeseen events. Limited Liability Concerns The issue was first raised by an X...Read More
[PRESS RELEASE – Road Town, British Virgin Islands, September 23rd, 2024] The token is now available on CEXs Gate.io and MEXC, and DEX Jupiter. Matrix One, The decentralized protocol accelerating the development of human-like AI characters, is pleased to announce the successful launch of its native token, $MATRIX. The $MATRIX token, which went live on...Read More
[PRESS RELEASE – Beijing, China, September 23rd, 2024] In a new development for the gaming and crypto communities, the former co-founder of Hamster Kombat has introduced a new platform—Hamster Cash. This hard fork is designed to enhance the user experience by offering bigger airdrops, and an expanded set of features. The platform’s release has raised...Read More
Shiba Inu (SHIB), which is one of the most prominent meme coins, has built a lot of traction amongst retail investors owing to its large following and anti-viral effect driven by the creators behind it. At the same time, many participants in the crypto market are wondering if the price of SHIB coins will be...Read More
The presidential candidate pitched her economic agenda to donors in New York City on Sept 22, stating that she wants to support innovation in artificial intelligence and crypto and focus regulations on protecting consumers and investors. The Democrat stated that she would bring together small business founders, innovators, and major companies to “invest in America’s...Read More
Crypto markets have held on to last week’s gains over the weekend following a boost from the Federal Reserve’s 0.5% interest rate cut. This week has a number of reports on consumer sentiment, gross domestic product, and more inflation data. “Expect more volatility and larger swings as markets shift attention to the next Fed meeting,”...Read More
Solana’s biggest decentralized trading platform, Jupiter Exchange, has taken over SolanaFM, a leading Solana blockchain explorer. The parties have described the move as a way to speed up development in their data and infrastructure capabilities in order to improve their functionalities for the Solana community. Optimism About the Acquisition In an X post published on...Read More
Canada has reportedly paused its Central Bank Digital Currency (CBDC) project, which started in 2017. According to a September 18 CBC news story, following years of research into the potential for a digital version of the Canadian dollar, the local central bank has decided to move away from the initiative. Bank of Canada Rethinks Digital...Read More
While several central banks across the globe are actively exploring the feasibility of launching a Central Bank Digital Currency (CBDC), a recent survey has revealed that cash will not be going away anytime soon as a majority of consumers are not enthusiastic about using those products. The survey, conducted by Deutsche Bank, Germany’s leading investment...Read More
The Wrapped Bitcoin market is seeing the emergence of new players, like Coinbase, the largest American crypto exchange. Analysts believe the market’s current condition presents an opportunity for higher user engagement, enhanced cross-chain liquidity, and significant growth in the coming years. However, observations made in the latest CryptoQuant report suggest the race may not be...Read More
As the crypto market gears up for a new wave of innovation and adoption, savvy investors are hunting for the best altcoins with the potential to generate massive returns. While established cryptocurrencies like Bitcoin and Ethereum offer stability, altcoins often provide the opportunity for exponential gains. For those aiming for 100x profits by January 2025,...Read More
Global crypto exchange Bitget has announced a multi-million dollar partnership with iconic Spanish football league La Liga. The company revealed the collaboration, which makes it La Liga’s official crypto partner, at the just concluded Token 2049 event in Singapore. Strategic Partnership with Global Reach In a statement released by Bitget on September 19, the Seychelles-based...Read More
German authorities have shut down 47 cryptocurrency exchanges operating in the country for allegedly facilitating large-scale money laundering operations for cybercriminals. According to an official statement by the Frankfurt main prosecutor’s office, the German office for combating Internet crime, and the federal criminal police office, these exchanges deliberately allowed their users to bypass Know You...Read More
It was a big week for financial markets and the global economy as the central bank of the world’s strongest economy pivoted from its monetary policy and reduced the key interest rates by 0.5%. As such, it’s worth reviewing how local investors behaved when it comes down to their interactions with spot Bitcoin and Ethereum...Read More
After a sell-off of 350,010 Pendle (PENDLE) tokens worth $1.26 million on Binance and Bybit, a post by former BitMEX CEO and co-founder Arthur Hayes on X (formerly Twitter) gained widespread attention. On September 21, 2024, Hayes posted that Maelstrom (Hayes family office fund) had reduced its PENDLE holding. Despite the token reduction, PENDLE remains...Read More
[PRESS RELEASE – Singapore, Singapore, September 21st, 2024] The CPCoin Team is proud to introduce CP Merchant, an innovative crypto payment solution designed to make it as simple and seamless as possible for businesses to accept cryptocurrencies. As part of CPCoin’s ongoing mission to simplify access to digital assets and enhance the utility of cryptocurrencies,...Read More
Bitcoin’s price has soared to a crucial milestone of $64,000, marking its first visit to this level since August 9. This impressive rally comes after a significant rebound of over 20% from its lowest point earlier this month. The driving force behind this surge? Wednesday’s decision by the Federal Reserve to cut rates by 50...Read More
[PRESS RELEASE – New York, United States, September 20th, 2024] The Ignition AI Accelerator, a collaborative initiative between NVIDIA, Tribe, and Digital Industry Singapore (DISG), today announced that Aptos Foundation has partnered with The Ignition AI Accelerator to drive growth and advancement of AI startups in Asia. This deepens Aptos Foundation’s work to connect its...Read More
[PRESS RELEASE – Kingstown, St Vincent & the Grenadines, September 20th, 2024] The Stashes Cryptosphere, a blockchain-focused platform, announces the upcoming presale of its Stashes ($STSH) Token, set for September 25, 2024. Designed to provide wider access to decentralized finance (DeFi) opportunities, $STSH aims to offer a user-friendly experience to a broad range of crypto...Read More
A Texas federal judge has dismissed a lawsuit filed by blockchain development company Consensys against the U.S. Securities and Exchange Commission (SEC) and its Chair, Gary Gensler, along with other commissioners. The lawsuit revolved around the SEC’s investigations into Ethereum (ETH) and its issuance of a Wells Notice regarding MetaMask, a cryptocurrency wallet developed by...Read More
